Overview: USD/JPY
is experiencing high volatility this morning after Prime Minister of Japan
S.Abe has confirmed the size of the stimulus package at 28 trillion yen.
However, the final decision of the size of the stimulus package will be taken next
week. Most likely, today the pair will stay in condition of high volatility
amid ongoing headlines from Japanese market.

Overview: After
a minor pullback witnessed this morning the pair has found support near the
level of 1.3100. Currently the pair is running in quite mode ahead of the UK preliminary
GDP report. Expected that UK’s economy didn’t grow up in this quarter on the
back of Brexit vote.

Overview: Currently the
pair is wobbling near the level of 1.0990 finding resistance at 1.1000. Today
US dollar is trading on a firm note against shared currency finding support in significant
grow in cross with yen amid of the Japanese stimulus talks. Furthermore, all
attention now shifts to upcoming Fed Interest Rate Decision that most likely
will stay unchanged, also, market participants will follow up FOMC Statement
hoping on more hawkish comments that will provide support to US currency.

Overview: Australian CPI has met expectations
at 0.4% sending the pair to refresh 6-day highs this morning. However, the
spike faded quickly as possibility of further rate cut by the RBA in August still
persists. Now all focus shifts to FOMC monetary policy decision scheduled on NA
session that will set up further direction for the pair.

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